This is a trade facing website. Visit the ACTís consumer site thecyclingexperts.co.uk for information and advice on cycling and find your local independent cycle retailer.
The Association of Cycle Traders
This is a trade facing website.
Visit the ACTís consumer site at thecyclingexperts.co.uk.

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Results: 1-10 of 1918


4 Jun 2020

Independents' Day UK 2020 campaign launches, shoppers urged to ‘Pledge a Pound' to small shops in their communities.

3 Jun 2020

#RaiseTheBar are campaigning for the government to increase the threshold from £51,000 to £150,000 and save tens of thousands of businesses from going under by allowing more...

2 Jun 2020

For a limited time only we are giving the cycling trade free access to the full range of ACT job boards!

1 Jun 2020

To help independent retailers we have teamed up with The Behaviours Agency to create a selection of Covid-19 retail posters for your shop!

28 May 2020

After 2 months of inactivity within the Cytech workshop training facilities, training providers Activate Cycle Academy, PJCS and South Africa's Torq Zone Academy are re-opening in June following...

28 May 2020

Since kicking off it's charity appeal bronze subscription on the 28th of April, the ACT has since raised hundreds to support the National Emergencies Trust!

27 May 2020

New findings from the Association of Convenience Stores have revealed the challenges faced by retailers and colleagues since the lockdown, and the changes that they have made in store to...

27 May 2020

The Outdoors Industries Association have recently begun the process of collaboration with the diverse sector to talk to Government about a White Paper to promote Outdoor Recreation at the...

26 May 2020

Prime Minister Boris Johnson announced in yesterday's conference that non-essential retailers will be able to reopen stores in England from June 15 as long as social distancing measures are...

21 May 2020

The ACT's new guide for IBDs getting back up and running safely after business closure

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Looking to expand your business?

Posted on in Business News , Cycles News

For the past year, survival has been the primary and only focus for many bike shops as the retail landscape shifts.

But, are you looking to develop and grow your business?

There are benefits that come with business expansion including the increase in customer reach, sales and profits. Of course, there are downfalls to expanding surrounding a lack of funding and the question of whether or not it is the best time to expand.

With more and more issues arising around climate change and the heightened interest the news and press have taken in reporting on climate change, cycling has become a more popular method of commuting with more than two million people across the UK cycling once a week.

Business finance expert Emily Relph explores the multitude of funding options out there for businesses looking to expand.

  • Online small business loans
  • Invoice finance
  • Crowdfunding
  • Stock finance
  • Commercial mortgages
  • Traditional bank loan
  • Credit cards

Find out more about these different types of loans here.

There are so many different funding options out there for businesses looking to expand. Each with pros and cons of their own and some more suited to a specific business's needs than others.

The key take away from this is that there are more options out there for businesses and increased funding could be the answer for some businesses looking to expand and achieve business goals.

Image sourced from Sundaypapers

 

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